ETH looks interesting on the weekly. Since BTC keeps on going the lower trendline is close. An double top pattern in Bitcoin price followed by a consolidation could trigger a fund movement from BTC to Alts.
Yorum:
The trendline looks correctly placed. It also acts as a support as expected.
But I don't like the shape. I expected a longer candle that would confirm the support. At the moment it doesn't provide any useful information.
2 more days to close this candle. Maybe we get some signal during the weekend.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
But I don't like the shape. I expected a longer candle that would confirm the support. At the moment it doesn't provide any useful information.
2 more days to close this candle. Maybe we get some signal during the weekend.